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Ambassador
5,257,589
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Simple math - addition, subtraction, multiplication, division, percentages...all can be done on my iPhone calculator!

Apr 04, 2019 08:12 PM
Rainmaker
957,092
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Adding and multiplying is best in most any business. Subtraction can be sometimes painful. 

Apr 04, 2019 03:57 PM
Rainmaker
759,785
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

%

to calculate commissions. 

Apr 04, 2019 05:38 PM
Rainmaker
2,402,162
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

100 hand shakes (potential clients) equals 1 new client kennith Frazier . If you don't believe me get out there and try it.

Apr 04, 2019 05:12 PM
Rainmaker
5,115,878
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't use formulas... I use third and fourth grade math... add, subtract, multiply and divide. Easy peasy.

Apr 05, 2019 04:45 AM
Rainmaker
4,181,025
John Pusa
Glendale, CA

kennith Frazier adding, multiplying, subtracting.

Apr 04, 2019 08:00 PM
Rainmaker
1,506,773
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If you can add, subtract and multiply, you have the extent of real estate math covered.

Other than that, this formula is cool:

Apr 04, 2019 04:44 PM
Rainmaker
1,325,749
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I am going to go with "how to compute my income".

Apr 04, 2019 04:15 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

price of a home times the percentage I am getting to equal commission!

Apr 04, 2019 03:53 PM
Rainmaker
2,222,275
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker
Apr 04, 2019 08:15 PM
Ambassador
2,073,149
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

I got into real estate 'cause they promised me there wouldn't be any math!

Apr 04, 2019 07:44 PM
Ambassador
6,424,196
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Depends on what I am working one, sometimes forestry statistics, sometimes surveying, sometimes investment analysis.

Apr 04, 2019 06:11 PM
Rainmaker
7,869,927
Roy Kelley
Retired - Gaithersburg, MD

Simple math. Use a financial calculator for difficult calculations.

Apr 04, 2019 04:45 PM
Rainmaker
5,772,918
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Simple math as the members have stated.  S

Apr 04, 2019 04:42 PM
Rainmaker
4,905,762
Richard Weeks
Dallas, TX
REALTOR®, Broker

Calculate my commission.

Convert sq ft to acres. 

43560

4 old ladies driving 35 in a 60 mile zone

Apr 05, 2019 04:36 AM
Rainmaker
5,244,268
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

If you are successful, calculating your commission. Even the most math strapped seldom get it wrong!

Apr 05, 2019 03:50 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

(A-B) ÷ 4 ÷ Length of 5th cut x Distance between pivot point and the point of adjustment = Error

As agents we like to keep ERROR to a minimum.

Too often the agent stops well before the finish and wonder why their results are so poor.

Really, the most complicated are P/L prospectus of re-purposed (best use) real estate.

Most often? Train A leaving the station at 9am with a constant speed of 22mph...and Train B.........my brain hurts already..

Just for fun....note that evey row, every column, every corner and fore middle squares all add up to 34!

The adding is easy, getting the numbers in order, you will find in real estate, to be the real challenge.

Apr 04, 2019 07:15 PM
Rainmaker
1,712,876
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The ones that add up and have have about 50.

Apr 04, 2019 06:51 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Peter Testa nailed this one!

Apr 06, 2019 07:07 AM
Rainmaker
1,242,204
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

acreage

Apr 05, 2019 03:44 PM
Ambassador
5,062,995
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

The basics - add, substract, multiple, and divide (e.g., figuring out price per sf)

Apr 05, 2019 01:24 PM
Ambassador
3,350,439
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I wish you all the best with your real estate studies. 

Apr 05, 2019 11:39 AM
Rainmaker
2,785,306
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

43560 comes up often

Apr 05, 2019 07:19 AM
Rainmaker
2,195,069
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Multiplication

Apr 05, 2019 06:42 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Kennith, you've asked this question before....so, I'll give you the same answer I did in the past....

sale price x commisssion = my income !!

Apr 05, 2019 05:37 AM
Rainmaker
5,879,125
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Figuring house payments, and verifying all info on the settlement statements are correct.

Apr 20, 2019 06:37 PM
Rainmaker
716,891
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Percentage - when I am determining splits when the gross commission checks come into the brokerage!

Apr 06, 2019 09:51 PM